MS Amlin Launches Specialist Equine MGA, David Ashby Underwriting January 13, 2020 MS Amlin, the London-based re/insurer, announced the launch of David Ashby Underwriting Ltd (DAU), a specialist equine MGA. MS Amlin...
AXA XL Completes Merger of XL Insurance Co. with AXA Corporate Solutions, AXA ART January 13, 2020 AXA XL announced it has successfully merged AXA Corporate Solutions (ACS) and AXA ART into XL Insurance Co. SE (XLICSE)....
Arthur J. Gallagher & Co. Takes 100% Stake in Capsicum Reinsurance Brokers January 13, 2020 Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it increased its stake in Capsicum Reinsurance Brokers from...
UMass Student Newspaper Editor Cannot Be Held Liable in Defamation Suit January 13, 2020 By Elizabeth Blosfield The Massachusetts Supreme Judicial Court (SJC) has ruled that a University of Massachusetts Boston (UMass) student newspaper editor cannot be...
Re/Insurance Outsourcing Specialist Pro Global Taps Former RSA Exec Lewis as CEO January 13, 2020 Global re/insurance outsourcing and consulting specialist Pro Global Holdings Ltd. announced that Steve Lewis has been appointed as CEO, effective...
Zurich Sees Hardening Rates, Improving Terms – in Market Not Seen Since 2002 January 13, 2020 By Patrick Winters Zurich Insurance Group AG expects to have more power to increase commercial insurance rates than it has seen in almost...
Gallagher Buys 60% Stake in Caribbean-Based Broker, Risk Management Services Ltd. January 13, 2020 Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has acquired a 60% interest in Caribbean insurance...
Salvage Company to Extract Overturned Cargo Ship in Georgia Port January 13, 2020 A Texas-based salvage company will cut up and remove a 656-foot (200- meter) shipwreck from St. Simons Sound off the...
U.S. Panel Backs Tougher Asbestos Testing Standards for Cosmetics January 13, 2020 By Chad Terhune and Lisa Girion An expert panel formed by the U.S. Food and Drug Administration has endorsed asbestos testing standards for cosmetics that reject...
Jury Orders Wells Fargo to Pay $102.8 Million in USAA Mobile Deposit Patent Case January 13, 2020 By Susan Decker and Dennis Robertson Wells Fargo & Co. was told to pay $102.8 million after a federal jury in Texas said in infringed United...